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Uber CEO on Travis Kalanick; Micron’s warning to IndiaDara Khosrowshahi told ET in an interaction that Uber is open to collaborating with founder Travis Kalanick. This and more in today’s ETtec...- Of rides & rivals: Travis Kalanick on Uber’s capital strategy, competition with LyftTravis Kalanick said the Uber–Lyft rivalry became a battle for venture capital as much as riders. Uber used fundraising as a strategic weap...
- Uber stock drops over 5% as Waymo’s partnership with Lyft fuels investor concernsUber stock faced a dip as Waymo partnered with Lyft for Nashville operations. Lyft's stock saw a surge post-announcement. Investors are con...
- Lyft stock jumps 12% today as Lyft partners with Waymo to launch fully autonomous ride-hailing in Nashville in 2026Lyft Inc. (NASDAQ: LYFT) shares surged over 12% to $22.69 following the announcement of a new partnership with Alphabet's Waymo to introduc...
- Lyft, May Mobility roll out robotaxi service in AtlantaCustomers using the standard Lyft app will be able to hail Toyota Sienna minivans retrofitted by May Mobility on routes in and around Midto...
- Lyft ditches humans! Self-driving shuttles to battle Uber & Waymo by 2026Lyft robotaxi launch 2026 marks a bold move by the ride-sharing giant as it partners with Holon to bring self-driving electric shuttles to ...
- Lyft's soft forecast fans worries of losing ground to Uber, shares tankShares of Lyft fell 16% due to a disappointing summer forecast, sparking concerns it is losing market share to Uber. Despite reporting bett...
- Lyft guarantees weekly earnings to lure more driversThe ride-hailing market has largely been a duopoly between Lyft and Uber in the United States, with the former that owns a roughly 30% mark...
- Lyft beats third-quarter estimates, bookings underperform rival UberGross bookings, which is a metric Lyft started disclosing in the third quarter measuring total transaction value on its platform, grew 15% ...
- Lyft to display ads in app in effort to boost revenueThe move will help Lyft, whose business is completely dependent on ride-hailing. Its larger rival Uber Technologies has a more mature adver...
- Lyft falls as pricing strategy casts shadow over profit goalsLyft and its more dominant rival, Uber, have been locked in a fierce price war as they stage a post-pandemic recovery.
- Uber shares fall as fears over Lyft's pricing eclipse first operating profitUber reported second-quarter revenue of $9.23 billion, missing analysts' estimates of $9.33 billion, according to Refinitiv IBES data, as a...
- Lyft to lay off more than 1,000 employees in cost-cut pushRisher, who took over earlier this month, had recently said the company will "significantly" cut jobs, without providing the number of jobs...
- Lyft picks new CEO as founders tap out amid fierce competitionThe change of guard at Lyft comes after a weak quarterly forecast worsened concerns that profits would get squeezed by price cuts undertake...
- Lyft IPO oversubscribed on Day 2 of road show: SourcesThis indicates that many investors are willing to overlook uncertainty over Lyft's path to profitability.
- This is the year of startup IPO (Whether you like it or not)That “race for liquidity” dynamic is what makes 2019 different from the rest of the decade.
- Lyft raises $1 billion from big new ally in battle with UberThe funding marks a major shift in Alphabet's allegiances away from Uber, and suggests a tighter pairing of its Waymo autonomous vehicle te...
- Uber won’t pay more than $2 billion for ride-hailing rival LyftLyft has been working with Qatalyst Partners to solicit interest from potential acquirers, people familiar with the matter said.
- Uber won't pay above $2 billion for LyftCompetition between Uber and Lyft has made rides more affordable for Americans. Lyft has managed to claw market share away from Uber in maj...
- Ola's global partner Lyft to expand outside USThe company which has global allaince with China's Didi Chuxing, has been using aggressive marketing campaigns to become popular in the US
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